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WASHINGTON (AP) – Americans are more optimistic the job market is healing and will deliver higher pay later this year. That brighter outlook, along with rising home prices, cheaper gasoline and a surging stock market, could offset some of the drag from the recent tax increases and government spending cuts.

WASHINGTON (AP) — The housing market may be on the verge of taking another plunge that could weaken the broader economic recovery.

Sales of previously occupied homes dipped in May, even though buyers could receive government tax credits. And nearly a third of sales in May were from foreclosures or other distressed properties. That means home prices could soon be heading down after stabilizing over the past year.

WASHINGTON (AP) - A key House Democrat is calling for tougher and broader regulations of the financial system after the fall of investment bank Bear Stearns.

Rep. Barney Frank, D-Mass., the chairman of the House Financial Services Committee, wants to give either the Federal Reserve or a new regulator the power to oversee the activities of major financial players, regardless of whether they are a bank, securities firm or hedge fund.

A group of 184 plaintiffs have filed a lawsuit against Bank One Corp., J.P. Morgan Chase & Co., Credit Suisse First Boston Corp. and others seeking d...

7. Archived Article: Memos - Wednesday, May 01, 1996 05-01 memos Allyne Newcomb has joined the Madonna Learning Center as public relations and development director. She formerly was executive director of the Memphis-area chapter of the National Hemophilia Foundation. Dr. Floyd F. Amann will be the fou...